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(MENAFN - AFP) Swiss food giant Nestle vowed Tuesday to stamp out any forced labour used in its supply chain in Thailand, after a probe confirmed workers were toiling in slave-like conditions to catch and process fish for Nestle products.

"Nestle is committed to eliminating forced labour in our seafood supply chain in Thailand," executive vice president of operations Magdi ...

(MENAFN - AFP) A nationwide strike by construction workers in Panama on Tuesday stalled already delayed work on expanding the Panama Canal, a union leader said.

"The strike is successful across all the country. More than 90 percent of worksites are paralyzed, among them the Panama Canal expansion," Saul Mendez, secretary general of the SUNTRACS union told AFP.

The union, ...

(MENAFN - AFP) Kuwait has awarded projects worth a record $30 billion so far this year despite the sharp fall in oil income, officials and experts said Tuesday.

"Up until mid-October, Kuwait has awarded record projects worth $30 billion (28 billion euros), up around $6 billion on the whole of last year," Edward James, director of analysis at Middle East Economic Digest (MEED) ...

(MENAFN - AFP) Heightened terror fears battered tourism-sector stocks Tuesday, with airlines especially affected after Washington issued a travel warning and Turkey shot down a Russian warplane.

Shares in airlines as well as in travel and hotel groups slid after the United States issued a worldwide travel alert for its citizens on Monday.

Russia meanwhile confirmed ...

(MENAFN - AFP) China is proposing a financial firm to fund projects in central and eastern Europe, Premier Li Keqiang said Tuesday, extending the Asian giant's global reach as it flexes its economic muscles.

Beijing scored a major diplomatic success earlier this year when it set up the Asian Infrastructure Investment Bank, with key European countries signing up over objections ...

(MENAFN - AFP) Africa's prime fashion event, the two-yearly FIMA festival in Niger, was called off Tuesday on the eve of its launch over fears of terror attacks, Niger designer Alphadi announced.

"The Niger government has decided to postpone this 10th edition of FIMA due to events in Diffa (southeast Niger), Mali, Chad, Cameroon, France," said Alphadi, a prominent couturier ...

(MENAFN - AFP) A teenager has died in Liberia in the first such death since the country was officially declared free of the virus in September, an official said Tuesday.

"The 15-year-old has finally died. He died yesterday," Dr Francis Karteh, head of Liberia's national Ebola crisis unit, told AFP.

He added that the teenager's parents had also tested positive for the ...

(MENAFN - AFP) The world's largest animal cloning factory is under construction in China, with plans to churn out dogs, horses and up to a million beef cattle a year, reports said, prompting online and scientific concerns Tuesday.

The 200-million-yuan ($31-million) facility will include cloning laboratories and a gene bank, the official Xinhua news agency reported.

It ...

(MENAFN - AFP) The UN on Tuesday urged countries to "break the AIDS epidemic" by doubling the number of people receiving HIV treatment within the next five years.

In a new report, UNAIDS hailed "extraordinary" progress in the fight against HIV and AIDS over the past 15 years, insisting the world had a chance of meeting the UN goal of eliminating AIDS as a global health threat ...

(MENAFN - AFP) The European Central Bank on Wednesday will launch into circulation a new 20-euro banknote with enhanced security features to foil counterfeiters.

A new "portrait window" near the top of the hologram stripe becomes transparent when seen against the light and reveals a portrait of Europa, a figure from Greek mythology.

"Cash was, is and will continue to ...

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